Companies / TEA

TASMEA LIMITED

ASX:TEACapital Goods
280.5M shares on issueASX (delayed) · snapshot 11 Sept 2026282.5M fully diluted+0.7% if every option and right converts$9.59price · delayed$2.69Bmarket cap · indicative

Today’s holders own 99.3% of what they think they own, once every option and right converts.

Moderate
Dilution risk

Share count grew 24% in 24 months; 5 cash raises in 24 months; 1% of shares in the money

MinimalVery high
Absolute levels — not a ranking against other companies.
Cash runwayno data — not a quarterly (4C/5B) cash filer
Share-count growth (24m)23.5%
Raise cadence (24m)5 cash raises
Options & rights overhang0.7% of shares
In-the-money supply0.7% of shares
Pending proposed issuesnone

TASMEA LIMITED's ordinary share count grew 23.5% between September 2024 and September 2026, to 280M shares. The company raised capital five times in the past 24 months, for total disclosed proceeds of A$70.2M, with the most recent being a A$43.0M placement in September 2025. Options and rights on issue could convert into 2M new shares, representing 0.7% of the current share count, of which 1% are in the money; the nearest expiry falls in June 2029. The company does not have a current quarterly cash report on record, so no cash balance or funding-runway figure is disclosed on that basis.

AI-generated summary of this page's cited filings · updated 3 Sept 2026
Get told when this changes
Set up alerts
Daily email alerts cover risk-level moves, new raises, pending proposed issues and option expiries for the companies you follow.
0.7%
Options & rights overhang
0.7%
In-the-money supply
0
Raises · last 12 months
—
Cash cover · not a quarterly filer

Shares on issue — last 2 years

Ordinary shares on issue
Weekly counts from ASX records. Dots mark cash capital raises. Latest count 280.5M per ASX (delayed) (snapshot 11 Sept 2026).
240M260M280MDec 24Oct 25Sept 26Cash raise · 5 Sept 2025Cash raise · 26 June 2025Cash raise · 14 May 2025Cash raise · 14 Apr 2025Cash raise · 30 Jan 2025280.5M

Cash runway

Not a quarterly cash filer. This company does not lodge Appendix 4C/5B quarterly cash reports, so cash runway does not apply.

Issuance timeline

Latest 5 filings (Appendix 2A quoted issues, 3G unquoted, 3H cancellations)

DateFormSecurityOn issue, per this filingSource
3 Sept 20262A · quoted issueTEA : ORDINARY FULLY PAID280.5MAppendix 2A
1 Sept 20263G · unquotedTEA : ORDINARY FULLY PAID276.5MAppendix 3G
31 Aug 20262A · quoted issueTEA : ORDINARY FULLY PAID279.5MAppendix 2A
12 Aug 20262A · quoted issueTEA : ORDINARY FULLY PAID276.5MAppendix 2A
2 July 20262A · quoted issueTEA : ORDINARY FULLY PAID276.4MAppendix 2A
Free account
30 filings on record — Full issuance history
Every quoted and unquoted issue and cancellation on record, plus unquoted securities (Appendix 4.2).
Free account: 2 full company unlocks every month, no card.
Create free accountSee plans

Capital raises

5 cash raises in the last 24 months · 0 in the last 12 months

every 1.8 monthsaverage gap between raises
12.2 monthssince the most recent
30 Jan 2025 – 5 Sept 2025first to most recent in this window
$43.0M
Placement
5 Sept 2025 COMPLETE
Free account
12 raises on record — Full raise history
Issue price, shares issued, brokers and stated purpose for every raise on record.
Free account: 2 full company unlocks every month, no card.
Create free accountSee plans

Forward supply

Every dated event on record that could add securities to the register — option expiries to their stated dates and proposed issues over the next 18 months, on one timeline.

Free account
1 dated event on record — Forward supply calendar
Option expiries and proposed issues on one forward timeline, with the securities each could add.
Free account: 2 full company unlocks every month, no card.
Create free accountSee plans

Placement capacity

How much stock a company can place without asking holders. Listing Rule 7.1 allows 15% of ordinary securities in any 12 months, and every Appendix 3B states how much of it an issue uses.

About 48% of the 15% placement capacity left — about 52% used by Appendix 3B filings in the last 12 months (estimate, as at 2026-09-12). Holder-approved issues and any later ratification are not deducted, so the true headroom can be higher.
Free account
Placement capacity — LR 7.1 / 7.1A
The filings behind the figure: every Appendix 3B in the window with what it says was issued under 7.1 and 7.1A, each row linked to its filing, and how many shares are left.
Free account: 2 full company unlocks every month, no card.
Create free accountSee plans

Pending proposed issues

No proposed issues (Appendix 3B) currently pending.

Options & convertible securities

0.7%
Options & rights overhang · of current shares
0.7%
In-the-money supply · at current price
2.0M
Potential new shares
June 2029
Nearest expiry
What a price move would switch on
1.0M2.0M$9.59 now0.25× today ($2.40) — 2.0M of the priced supply in the money, 0.7% of shares on issue0.5× today ($4.79) — 2.0M of the priced supply in the money, 0.7% of shares on issue0.75× today ($7.19) — 2.0M of the priced supply in the money, 0.7% of shares on issue1× today ($9.59) — 2.0M of the priced supply in the money, 0.7% of shares on issue1.25× today ($11.99) — 2.0M of the priced supply in the money, 0.7% of shares on issue1.5× today ($14.38) — 2.0M of the priced supply in the money, 0.7% of shares on issue2× today ($19.18) — 2.0M of the priced supply in the money, 0.7% of shares on issue3× today ($28.77) — 2.0M of the priced supply in the money, 0.7% of shares on issue5× today ($47.95) — 2.0M of the priced supply in the money, 0.7% of shares on issue10× today ($95.90) — 2.0M of the priced supply in the money, 0.7% of shares on issue0.25×0.5×0.75×now1.25×1.5×2×3×5×10×

At $9.59 today, 2.0M securities are in the money (0.7% of shares on issue). No price up to ten times today’s switches on any more priced supply.

  • Priced supply in the money at the price on the axis — the curve, and the only thing on it. Ten prices, sampled: between two of them the true figure lies between the two.
CodeSecurityTypeExercise priceExpiryOn issueSource
TEAAAOptionsPrice-triggered$1.5630 June 20292.0MFiling

“Nil” is a stated nil exercise price: nothing is paid to convert. An em dash means the filing names no exercise price at all. Security is read from the filing’s own class description; an em dash there means the description is not one this table labels. One row is one security class, at the number stated in the most recent quotation application that restated it — linked, and dated, in the last column.

Free account
1 option line on record — In-the-money value & price ladder
What each line is worth in the money today, the price ladder to the next tranche that converts, and the filing description behind every code.
Free account: 2 full company unlocks every month, no card.
Create free accountSee plans

Director dealings

DateDirectorTypeSharesOptionsOtherValueSource
28 Aug 2026Jason Frank PrydeOther incentive1.0M1.0M—$1.6M3Y notice
6 July 2026Stephen Elliott YoungBuy on-market56k——$500k3Y notice
30 June 2026Trent Michael NorthoverOther incentive———$3k3Y notice
Free account
38 notices on record — Full dealing history
Every change-of-director's-interest notice on record, with direction and consideration.
Free account: 2 full company unlocks every month, no card.
Create free accountSee plans

Ownership

Free account
Top-20 holders & substantial holder notices
Top-20 register snapshot and substantial-holder movements, each linked to its source notice.
Free account: 2 full company unlocks every month, no card.
Create free account

Latest announcements

3 Sept 2026Change of Director's Interest Notice - Jason Pryde
3 Sept 2026Application for quotation of securities - TEA
1 Sept 2026Notification regarding unquoted securities - TEA
1 Sept 2026Cleansing Notice
31 Aug 2026Application for quotation of securities - TEA
26 Aug 2026$PTasmea Limited - FY26 Results Presentation
26 Aug 2026$PTasmea Limited - FY26 Results Announcement
26 Aug 2026Dividend/Distribution - TEA
26 Aug 2026Tasmea Limited - FY26 Statutory Accounts
26 Aug 2026$PAppendix 4E Preliminary Final Report
25 Aug 2026Notice of FY26 Full Year Results Webcast
12 Aug 2026Application for quotation of securities - TEA
6 Aug 2026Completion of JPS Group Acquisition
6 Aug 2026Proposed issue of securities - TEA
8 July 2026Change of Director's Interest Notice - Stephen Young
2 July 2026Completion of Maxim Group Acquisition
2 July 2026Cleansing Notice
2 July 2026Application for quotation of securities - TEA
1 July 2026Application for quotation of securities - TEA
1 July 2026Change of Director's Interest Notice - Kristie Young

Headlines link to the source PDFs on the ASX announcements platform. Data as of 12 Sept 2026.